Navy contractor lays off whole staff after charges

MIDDLETOWN, R.I. 
A Georgia-based Navy contractor has laid off its entire staff after federal prosecutors in Rhode Island accused its founder of participating in a $10 million kickback and bribery scheme.

Wayne King, acting CEO of Roswell, Ga.-based Advanced Solutions for Tomorrow, tells WPRI-TV in Providence that the layoffs went into effect Monday. King told workers the company's assets had been frozen and it could no longer operate.

The firm has offices in Middletown, R.I., where officials say it employed 93 people.